Sean K
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- Joined
- 21 April 2006
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This turkey must be about to go to the market. $1.3m in the bank at the end of the last quarter and spending about $500k a quarter on electricity and directors fees.
This is potentially going to be almost as big as Shiraz who have a MC of over $200m, 10x this gobbler.
Or, it's just a pencil factory.
It seems that natural graphite is not really required for batteries and the Chinese are happy to use the fake stuff for their EVs. Makes a lot of sense. Create massive CO2 emissions to make emission free cars. Much like the myth that nickel sulphide was going to be preferred over laterite from Indonesia. It's all a con.
This is potentially going to be almost as big as Shiraz who have a MC of over $200m, 10x this gobbler.
Or, it's just a pencil factory.
It seems that natural graphite is not really required for batteries and the Chinese are happy to use the fake stuff for their EVs. Makes a lot of sense. Create massive CO2 emissions to make emission free cars. Much like the myth that nickel sulphide was going to be preferred over laterite from Indonesia. It's all a con.